Great investment opportunity at 5981 University Pl, Detroit, MI! This tenant-occupied home, currently on Section?8, generates $995/month in steady rental income and offers solid long-term potential. Inside, you’ll find a warm and inviting layout with hardwood floors, generous natural light, and charming vintage details. Located in a well-connected Detroit neighborhood close to schools, parks, shopping, and public transportation, it’s perfect for both investors seeking reliable cash flow and buyers considering occupancy after lease end. Showings by appointment only with accepted offer. Buyer’s agent to verify all information.
Property Details
Price:
$94,000
MLS #:
20251013249
Status:
Active
Beds:
3
Baths:
1
Address:
5981 University Place
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
LODEWYCK 1
Neighborhood:
05055 – Det Con-Mors/Grat. Hstn/7 Mack
City:
Detroit
Listed Date:
Jul 1, 2025
State:
MI
Finished Sq Ft:
964
ZIP:
48224
Year Built:
1948
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
More About LiaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas
Laundry Features
Gas Dryer Hookup, Washer Hookup
Exterior
Architectural Style
Bungalow
Construction Materials
Brick
Parking Features
Two Car Garage, Detached, Driveway
Financial
Taxes
$2,954
Map
Community
- Address5981 University Place Detroit MI
- SubdivisionLODEWYCK 1
- CityDetroit
- CountyWayne
- Zip Code48224
Similar Listings Nearby
- 12012 CONNER ST
Detroit, MI$120,000
4.02 miles away
- 6224 Oldtown ST
Detroit, MI$120,000
0.37 miles away
- 9183 BISHOP ST
Detroit, MI$120,000
0.71 miles away
- 13135 Kilbourne RD
Detroit, MI$120,000
2.57 miles away
- 16516 COLLINGHAM DR
Detroit, MI$120,000
2.45 miles away
- 4399 COURVILLE ST
Detroit, MI$120,000
1.28 miles away
- 18100 JOANN ST
Detroit, MI$120,000
3.26 miles away
- 5918 CADIEUX RD
Detroit, MI$120,000
0.39 miles away
- 16054 CARLISLE Street
Detroit, MI$120,000
2.64 miles away
- 11642 LAING ST
Detroit, MI$119,999
1.53 miles away
5981 University Place
Detroit, MI
LIGHTBOX-IMAGES